***Closed*** SPY iron condor initiated on 20 Aug 2010
20 Aug: Initiate Trade
SPY (Standard & Poors Dep Rec) Iron Condor initiated on 20 Aug 2010
Trade Type: Low Probability, High Reward Iron Condor
Trade Summary
20 Aug 2010
SPY at 107.15 (-0.74)
28 days to expiration
Action: Sell a new iron condor for Sep expiration.
Sell to open SPY Sep 111 Call
Buy to open SPY Sep 113 Call
Sell to open SPY Sep 104 Put
Buy to open SPY Sep 102 Put
For a net price of $0.99 to $1.01 credit or better. [All TOS autotrade participants were filled at $0.99 credit.]
Net margin required: $101 per entry